By Madison Davis In founder or family-owned businesses, it is quite common for owners to run personal/non-company related revenue or expenses through the business or to expense certain items that would normally be capitalized. While these practices may come in handy during tax season, they can seriously impact a company’s valuation. If you are a business…
We are excited to announce that Wesley Legg, Founders’s Chief Operating Officer and Chief Financial Officer, was recently named one of the Birmingham Business Journal’s Top 40 Under 40. Wesley has had an interesting career path, and we are thankful that it lead him to Founders, where he is a key member of our leadership…
By: J. Wesley Legg A lot of emphasis is put on having the right strategy in business. Strategy is important, but I wonder if we spend too much time talking about vision and fresh ideas and not near enough time on good ole fashion execution. Sun Tzu, author of the Art of War wrote, “Weak…
By Chris Weingartner For many owners, deciding to sell their business is one of the biggest decisions they’ll make in their lifetime, and the company’s value represents the amassing of their life’s work. Successfully selling the business at a premium price is crucial for owners to finance their dreams or fund their retirement. Finding the…
By Vaughn McCrary Entrepreneurs achieve a great feat when they get past the start-up and early stage phase. No more sleepless nights…not so fast. Lower middle market companies often face a new set of risks, including; More Competition: Success brings new competition, whether it be paving the way for new entrants or getting on the…
By Duane Donner In recent weeks, domestic oil and gas producers released their preliminary 2015 financial and operational reports and provided color on 2016 expectations. In 2015, oil and gas producers were forced to divest non-core assets and reduce corporate costs to maintain the liquidity necessary to meet debt covenants and/or dividends. These reports illustrate…